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Cowen: Spotify leads a streaming industry on the rise, but watch out for Prime Music

New research from Cowen explores the current state of the streaming music industry and gave forecasts for its future. Spotify and Amazon emerged as two of the top brands to watch. The data predicted a compound annual growth rate of 4% for the 2016-2021 period, with on-demand music services expected to double revenue and secure a 40% share of the industry by 2021. Continue Reading

Announcements, crowds, and startup energy at Podcast Movement

This week the U.S. podcast industry descended on Chicago with a collective enthusiasm and entrepreneurial energy, for the second annual Podcast Movement (PM) conference. The event is attended by over 1,500 participants, features 80 stage sessions in eight parallel tracks, and features an exhibit floor where established brands nestled with newcomers angling into the podcast sphere with fresh ideas. Continue Reading